Fleet Financial Group stock went into a tailspin Thursday after a breakfast meeting with New York analysts fueled doubts about the Rhode Island-based bank's ability to increase interest income.

Four firms - Brown Brothers Harriman & Co., Merrill Lynch & Co., Hancock Institutional Equities Service, and Keefe, Bruyette & Woods Inc. - cut earnings estimates, sending the New England regional's shares down $2.125 to $31. More than 2.5 million shares were traded, compared with average daily volume of 604,000.

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